Regulations limiting access to the R370-a-month Social Relief of Distress (SRD) grant are unconstitutional and invalid, the Gauteng High Court in Pretoria ruled on Thursday.
A risk gauge for the rand fell to record lows after US President Donald Trump said he’d prefer not to have to impose tariffs ...
There is a lot of volatility in US policy right now and therefore in the USD and that obviously effects volatile currencies ...
South Africa must focus on fundamental local factors it can control to strengthen the economy and the Government of National Unity must act on the systemic issues in the economy, says investment firm ...
The South African Reserve Bank will trim its repo rate next week by a quarter of a percentage point to 7.50% and repeat that ...
Five more attempts, including last year’s introduction of the ZiG, have been made to revive Zimbabwe's local currency.
Economists are expecting the South African Reserve Bank to cut interest rates again next week – but the outlook beyond that ...
A last minute agreement between Silulumanzi and the National Union of Metalworkers of South Africa (NUMSA) has averted a strike scheduled for January 23.A strike action, set to begin on January 23, ...
Currency swap agreements offer Nigeria a viable mechanism to mitigate foreign exchange pressures, ensure balance of payments, ...
South Africa's inflation rose to 3% in December 2024 from 2.9% in November, falling short of the 3.2% expected by economists, according to Statistics South Africa. The slower-than-anticipated increase ...
PwC said it was expecting the South African Reserve Bank to reduce interest rates by another 50 basis points during first ...
Auditing and consultation firm PwC has warned South African households to expect a trifecta of price increases this year, ...